administrator Site Admin
Joined: 28 Dec 2005 Posts: 11981
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Posted: Thu Mar 07, 2019 2:30 pm Post subject: Mar 7th Trading Log (Fri Trading Plan) |
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Mar 7th Trading Log (Fri Trading Plan):
I plan to add more to my five positions on pullbacks. By the end of the year, I expect GE to rise above 12, KHC to rise four or five points, SLB and HAL both to be 10 points higher, and PGNX to rise above 5. I plan to hold and not trade, unless I find an excellent opportunity.
My portfolio is at $520,000 including $174,400 in cash.
Calls Contracts-Shares Long
GE Jan 8 2021 70
KHC 3,000 shares
SLB 2,000 shares
HAL 4,000 shares
PGNX 8,000 shares
Puts Contracts-Shares Short
None
Portfolio at $100,000 on Mar 1st, 2018. Portfolio stop loss raised to $400,000. Stop loss will be strictly enforced and extreme caution will be taken if triggered to avoid large losses and preserve capital in "irrational" market periods. |
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